Overview / Commentary
618-634-2208
260 S Main St
Grand Chain, IL 62941

Grand Rivers Community Bank is headquartered in Grand Chain and is the 398th largest bank in the state of Illinois. It is also the 5,183rd largest bank in the nation. It was established in 1902 and as of June of 2018, it had grown to 14 employees at 3 locations. Grand Rivers Community Bank's savings rates are 44% higher than the national average, but it has a D health rating.

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Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Grand Rivers Community Bank has a low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #10816
Year Established1902
Employees14
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-3.12%
Return on Equity - YTD-43.89%
Annual Interest Income$974.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$42.2MM$49.4MM
LoansQ2 2018vs Q2 2017$27.9MM$35.8MM
DepositsQ2 2018vs Q2 2017$38.0MM$46.3MM
Equity CapitalQ2 2018vs Q2 2017$2.8MM$1.4MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.0MM$1.3MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$676.00K$1.8MM
Real Estate OwnedQ2 2018vs Q2 2017$1.0MM$647.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Grand Rivers Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$100-Regular Savings
0.50%*-$10kKasasa Saver
OTHER TIERS: 0.25% $10k+
0.50%--Vacation Club
0.50%--Christmas Club

Grand Rivers Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$10kKasasa Cash
OTHER TIERS: 0.25% $10k+
0.51%--Business Interest Checking
0.25%$1.5k-NOW Account

Grand Rivers Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.23%$1k-60 Month CD
1.00%$1k-12 Month CD
0.95%$1k-48 Month CD
0.85%$1k-36 Month CD
0.61%$1k-24 Month CD
0.31%$1k-6 Month CD
Locations


Grand Rivers Community Bank Locations
Grand Rivers Community Bank260 S Main StGrand Chain, IL 62941
Karnak Branch406 Washington StreetKarnak, IL 62956
Shawneeton Branch105 E. Shawnee AvenueShawneetown, IL 62984

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